SL Green Realty Corp expected to post earnings of 17 cents a share - Earnings Preview

Sl Green Realty

15/04/2024 21:16

* SL Green Realty Corp  SLG.N   SLG  is expected to show a
fall in
quarterly revenue when it reports  results on April 17 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
35.1% decrease in revenue to $152.909 million from $235.58
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for SL Green Realty Corp is
for
earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"hold" and 6 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for SL Green
Realty
Corp is $46.50​, below​ its last closing price of $51.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.89        0.90       0.72      Missed  -20.3
 Sep. 30 2023  1.26        1.26       1.27      Beat    0.7
 Jun. 30 2023  1.34        1.34       1.43      Beat    6.8​
 Mar. 31 2023  1.42        1.41       1.53      Beat    8.7
 ​​Dec.        1.48        1.48       1.47      Missed  -0.6
 31 2022                                                
 Sep. 30 2022  1.66        1.66       1.66      Met     -0.1​
 Jun. 30 2022  1.72        1.72       1.87      Beat    8.8
 Mar. 31 2022  1.65        1.64       1.65      Beat    0.4
 This summary was machine generated April 15 at 20:16 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)